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Georgia’s Foreign Trade Up 12.5% in 2023

Georgia’s foreign trade turnover increased by 12.5% year-over-year in 2023, equaling USD 21.53 billion, according to express data released by the National Statistics Office (Geostat) on January 15. 

Exports from Georgia increased by 9.1% annually to USD 6.09 billion, while imports rose by 14.0% to USD 15.44 billion. Meanwhile, the trade deficit was USD 9.35 billion, 43.4% of total turnover. 

Geostat will publish the detailed data on external merchandise trade of Georgia on January 22, 2024.

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